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21.07.26 - 11:06
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China stocks rebound from AI sell-off amid national team support (SCMP)
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Mainland Chinese shares are surging back from a sell-off amid regulatory support and huge purchases by state investors and major companies.
The CSI 300 index rose 3.1 per cent on Tuesday, following a 1.5 per cent gain on Monday after China Securities Regulatory Commission (CSRC) chairman Wu Qing met industry representatives to discuss market stability. The tech-heavy Star 50 Index skyrocketed 11 per cent.
Major insurers and other listed companies also unveiled stock purchases or buy-backs,......
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21.07.26 - 03:54
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Chinese stocks rose by 0.4 per cent as state-backed insurers tout long-term investment (SCMP)
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Chinese stocks rose, extending a rebound spurred by regulatory support after global-sell-offs dampened sentiment.
The CSI 300 Index climbed 0.4 per cent as of 9.35am local time and the tech-heavy Star Market 50 index added 0.4 per cent. Hong Kong's Hang Seng Index rose 0.3 per cent.
In the latest sign of government support for stocks, five state-backed insurers including Ping An Insurance Group and the People's Insurance Group of China, all touted the long-term investment values of Chinese......
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21.07.26 - 03:30
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China Shares May Hand Back Monday′s Gains (AFX)
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BEIJING (dpa-AFX) - The China stock market on Monday ended the three-day slide in which it had given up almost 200 points or 5.2 percent. The Shanghai Composite Index now sits just above the 3,800......
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20.07.26 - 03:42
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Beijing steps in to stem China′s stock market decline with US$8.9b in state purchases (SCMP)
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Two state-backed firms bought Chinese stocks for about 60 billion yuan (US$8.86 billion) to stem a decline in equities, in a clear sign of government intervention amid market turbulence.
China Reform Holdings spent more than 50 billion yuan buying mainland-listed stocks, it said in a statement on Sunday night, adding that it would continue to increase holdings of companies owned by the central government. Meanwhile, China Chengtong Holdings Group said in a separate statement that it bought......
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20.07.26 - 03:30
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China Shares May See Mild Support On Monday (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, sinking almost 200 points or 5.2 percent along the way. The Shanghai Composite Index now sits just above t......
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20.07.26 - 02:36
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China′s Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks (ZeroHedge)
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China's Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks
Chinese startup Moonshot AI sparked another DeepSeek-like moment for US AI stocks and hyperscalers last week. David Sacks, the former White House AI and cryptocurrency czar, warned that this is "very concerning."
Moonshot AI debuted Kimi K3, which ranks number three on the Artificial Analysis Intelligence Index, trailing only OpenAI's GPT-5.6 Sol and Anthropic's Fable 5. This only shows the continued trend of open-weight models toward the AI frontier.
Kimi K3 has emerged as a top challenger across reasoning and coding workloads, highlighting the rapid pace of innovation and the increasing competitive pressure on models in terms of capabilities and downward trend in pricing. This only sparked weakness in sentiment toward AI US stocks and hyperscalers last week due to their massive capex binges to build out data centers.
Related:
Goldman Warns Massive Hyperscaler Bond Issuance Means "R...
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